Digital Agriculture Market Trends, Opportunities, Scope and Future Outlook 2032

Digital Agriculture Market Size- By Component, By Type, By Technology, By Operation, By Deployment, By Company Type, By Designation, By Application, By Offering- Regional Outlook, Competitive Strategies and Segment Forecasts to 2032

Digital Agriculture Market Size- By Component, By Type, By Technology, By Operation, By Deployment, By Company Type, By Designation, By Application, By Offering- Regional Outlook, Competitive Strategies and Segment Forecasts to 2032

Published: Nov 2022 Report ID: AGRI2208 Pages: 1 - 252 Formats*:     
Category : Agriculture
Global Digital Agriculture Market overview:

According to SPER Market Research, the Global Digital Agriculture Market is estimated to reach USD 49.92 billion by 2032 with a CAGR of 10.74%. 

In order to monitor the growth of crops in real time, farmers are adopting digital agricultural tools, such as sensors that are installed on the fields and record the temperature and soil quality, computer programmes like Climate Field view, a tool designed to produce yield maps and farming maps, and other similar programmes. By enabling financial services, legal services, and access to training, the use of digital technology in agriculture facilitates the flow of information from suppliers to employees and vice versa. As a consequence, it helps stakeholders build strategic relationships. The development of technology, reducing resource waste and maximising production, as well as smart governmental policy, are raising awareness of digital agriculture and assisting in its uptake. These are among the major trends that are driving the anticipated development of the global digitized agriculture industry.



Impact of COVID-19 on the Global Digital Agriculture Market  
The most recent coronavirus outbreak has significantly affected the market for digital agriculture. The COVID-19 pandemic has caused severe restrictions and shut downs that have interrupted supply chains and caused a shortage of equipment, which has caused a modest decline in the digital farming industry in recent years. However, in the years after COVID-19, the use of farm management solutions and remotely sensed data could lead to a higher adoption rate. COVID-19 has disrupted the digital agriculture supply chain, and companies are experimenting with novel ways to connect electronically with producers and farmers. On the positive side, corporations have started to place more of a focus on wireless platforms in the post-COVID-19 situation in order to give crop health monitoring, field mapping, harvesting management, irrigation scheduling, and real-time decision making in yield monitoring.



Scope of the Report:
 Report Metric Details
 Market size available for years 2019-2032
 Base year considered 2021
 Forecast period 2022-2032
 Segments coveredBy Component, By Type, By Technology, By Operation, By Deployment, By Company Type, By Designation, By Application, By Offering
Regions coveredNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa
 Companies CoveredAccenture, Ag Gateway, AGCO Corporation, Agreena, Agri Webb, AKVA Group, BASF SE, Bayer Crop science AG, CISCO Systems Inc., CropX Inc., Deere & Company, DeLaval, Digital Globe, DJI, DTN, Epicor Software Corporation, Eurofins Scientific, Farmers Business Network, Farmers Edge Inc., Gamaya, Hexagon AB, IBM Corporation, Monsanto Company, Precision Hawk, Raven Industries, Small Robot Company, Syngenta AG, Taranis, Telus agriculture, Trimble Inc., Vodafone Group Plc, Zemdirbių Konsultacijos UAB.
Digital Agriculture Market Segmentation:

By Component: Based on the Component, Global Digital Agriculture Market is segmented as; Hardware {Automation and Control Systems (Control Systems, Displays, Drones/UAVs, Flow and Application Control Devices, Global Positioning Systems, Guidance and Steering Systems, Handheld Mobile Devices/ Handheld Computers, Harvesters & Forwarders, HVAC Systems, Irrigation Controllers, LED Grow Lights, Robotics Hardware, Variable Rate Controllers, Others), Sensing and Monitoring Device (Camera Systems, Climate Sensors, EC Sensors, pH and Dissolved Oxygen Sensors, RFID and Sensors for Precision Forestry, RFID tags & Readers for Livestock Monitoring, Sensors for Livestock Monitoring, Sensors for Smart Greenhouse, Soil Sensors, Temperature and Environmental Monitoring, Water Sensors Yield Monitor), Services (Assistant Professional Services, Connectivity Services, Maintenance and Support Services, Managed Services, System Integration and Consulting), Software (AI and Data Analytics, On-Cloud, On-Premises)}.
.
By Type: Based on the Type, Global Digital Agriculture Market is segmented as; Artificial Intelligence, Crop Monitoring, Precision Farming.

By Technology: Based on the Technology, Global Digital Agriculture Market is segmented as; Core Technologies (AL-ML, Automation, Drones, Robotics), Peripheral Technologies (Apps, Platforms).

By Operation: Based on the Operation, Global Digital Agriculture Market is segmented as; Farming and feeding (Precision Agriculture, Precision Animal Rearing and Feeding, Precision Aquaculture, Precision Forestry, Smart Greenhouse), Marketing and Demand Generation, Monitoring and Scouting.

By Deployment: Based on the Deployment, Global Digital Agriculture Market is segmented as; Cloud, On-Premise.

By Company Type: Based on the Company Type, Global Digital Agriculture Market is segmented as; Tier 1-55%, Tier 2-20%, Tier 3-25%.

By Designation: Based on the Designation, Global Digital Agriculture Market is segmented as; C-Level Executives-40%, Directors-35%, Others-25%.

By Application: Based on the Application, Global Digital Agriculture Market is segmented as; Crop Scouting, Farm Labor Management, Field Mapping Telematics, Inventory Management, Weather Tracking & Forecasting, Yield Monitoring, Others.

By Offering: 
Based on the Offering, Global Digital Agriculture Market is segmented as; Advisory services, Agri eCommerce, Digital Procurement, Financial services, Precision Agriculture and Farm Management, Quality Management and Traceability.

By Region: In the market for digital agriculture, APAC is the region that is expanding at the quickest rate. One of the main factors fuelling the region's prosperity is the agriculture sector's growing modernisation. Agriculture-dependent nations like Bangladesh, India, and China dominate the region. In the Asian Pacific region, China holds the greatest market share for digital agriculture. The nation plans to enhance investment in its own agriculture sector using a variety of technologies, including drones, auto-steering, sensors, and Al farming equipment. By utilising this technology, farms may operate more efficiently, producing more food and making the area more profitable.

1. Introduction
1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation

3. Executive Summary

4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges 
4.2. COVID-19 Impacts of the Global Digital Agriculture Market 

5. Market variables and outlook
5.1. SWOT analysis 
5.1.1 Strengths 
5.1.2 Weaknesses 
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis 
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape 
5.2.4 Technological landscape 
5.2.5 Environmental landscape 
5.2.6 Legal landscape 
5.3. PORTER’S five forces analysis 
5.3.1 Bargaining power of suppliers 
5.3.2 Bargaining power of Buyers 
5.3.3 Threat of Substitute 
5.3.4 Threat of new entrant 
5.3.5 Competitive rivalry
5.4. Heat map analysis

6. Global Digital Agriculture Market, By Component, 2019-2032 (USD Million)
6.1 Hardware
6.1.1 Automation and Control Systems
6.1.1.1 Control Systems
6.1.1.2 Displays
6.1.1.3 Drones/UAVs
6.1.1.4 Flow and Application Control Devices
6.1.1.5 Global Positioning Systems
6.1.1.6 Guidance and Steering Systems
6.1.1.7 Handheld Mobile Devices/ Handheld Computers
6.1.1.8 Harvesters & Forwarders
6.1.1.9 HVAC Systems
6.1.1.10 Irrigation Controllers
6.1.1.11 LED Grow Lights
6.1.1.12 Robotics Hardware
6.1.1.13 Variable Rate Controllers
6.1.1.14 Others
6.1.2 Sensing and Monitoring Device
6.1.2.1 Camera Systems
6.1.2.2 Climate Sensors
6.1.2.3 EC Sensors
6.1.2.4 pH and Dissolved Oxygen Sensors
6.1.2.5 RFID and Sensors for Precision Forestry 
6.1.2.6 RFID tags & Readers for Livestock Monitoring
6.1.2.7 Sensors for Livestock Monitoring
6.1.2.8 Sensors for Smart Greenhouse
6.1.2.9 Soil Sensors
6.1.2.10 Temperature and Environmental Monitoring
6.1.2.11 Water Sensors
6.1.2.12 Yield Monitor
6.2 Services
6.2.1 Assistant Professional Services
6.2.2 Connectivity Services
6.2.3 Maintenance and Support Services
6.2.4 Managed Services
6.2.5 System Integration and Consulting
6.3 Software
6.3.1 AI and Data Analytics
6.3.2 On-Cloud
6.3.3 On-Premises

7. Global Digital Agriculture Market, By Type, 2019-2032 (USD Million)
7.1. Artificial Intelligence 
7.2. Crop Monitoring 
7.3. Precision Farming

8. Global Digital Agriculture Market, By Technology, 2019-2032 (USD Million)
8.1 Core Technologies
8.1.1 AL-ML
8.1.2 Automation
8.1.3 Drones
8.1.4 Robotics
8.2 Peripheral Technologies
8.2.1 Apps
8.2.2 Platforms

9. Global Digital Agriculture Market, By Operation, 2019-2032 (USD Million)
9.1 Farming and feeding
9.1.1 Precision Agriculture
9.1.2 Precision Animal Rearing and Feeding
9.1.3 Precision Aquaculture
9.1.4 Precision Forestry
9.1.5 Smart Greenhouse
9.2 Marketing and Demand Generation
9.3 Monitoring and Scouting

10. Global Digital Agriculture Market, By Deployment, 2019-2032 (USD Million)
10.1 Cloud
10.2 On-Premise

11. Global Digital Agriculture Market, By Company Type, 2019-2032 (USD Million)
11.1 Tier 1-55%
11.2 Tier 2-20%
11.3 Tier 3-25%

12. Global Digital Agriculture Market, By Designation, 2019-2032 (USD Million)
12.1 C-Level Executives-40%
12.2 Directors-35%
12.3 Others-25%

13. Global Digital Agriculture Market, By Application, 2019-2032 (USD Million)
13.1 Crop Scouting
13.2 Farm Labor Management
13.3 Field Mapping Telematics
13.4 Inventory Management
13.5 Weather Tracking & Forecasting
13.6 Yield Monitoring
13.7 Others

14. Global Digital Agriculture Market, By Offering, 2019-2032 (USD Million)
14.1 Advisory services
14.2 Agri eCommerce
14.3 Digital Procurement 
14.4 Financial services
14.5 Precision Agriculture and Farm Management 
14.6 Quality Management and Traceability

15. Global Digital Agriculture Market, By Region, 2019-2032 (USD Million)
15.1 North America
15.1.1 United States
15.1.2 Canada
15.1.3 Mexico
15.2 Europe
15.2.1 Germany
15.2.2 United Kingdom
15.2.3 France
15.2.4 Italy
15.2.5 Spain
15.2.6 Rest of Europe
15.3 Asia-Pacific
15.3.1 China
15.3.2 Japan
15.3.3 India
15.3.4 Australia
15.3.5 South Korea
15.3.6 Rest of Asia-Pacific
15.4 South America
15.4.1 Brazil
15.4.2 Argentina
15.4.3 Rest of South America
15.5 Middle East & Africa
15.5.1 Kingdom of Saudi Arabia 
15.5.2 United Arab Emirates
15.5.3 Rest of Middle East & Africa

16. Company Profiles
16.1 Accenture
16.1.1 Company details 
16.1.2 Financial outlook
16.1.3 Product summary 
16.1.4 Recent developments

16.2 Ag Gateway
16.2.1 Company details 
16.2.2 Financial outlook
16.2.3 Product summary 
16.2.4 Recent developments

16.3 AGCO Corporation
16.3.1 Company details 
16.3.2 Financial outlook
16.3.3 Product summary 
16.3.4 Recent developments

16.4 Agreena
16.4.1 Company details 
16.4.2 Financial outlook
16.4.3 Product summary 
16.4.4 Recent developments

16.5 Agri Webb
16.5.1 Company details 
16.5.2 Financial outlook
16.5.3 Product summary 
16.5.4 Recent developments

16.6 AKVA Group
16.6.1 Company details 
16.6.2 Financial outlook
16.6.3 Product summary 
16.6.4 Recent developments

16.7 BASF SE
16.7.1 Company details 
16.7.2 Financial outlook
16.7.3 Product summary 
16.7.4 Recent developments

16.8 Bayer Crop science AG
16.8.1 Company details 
16.8.2 Financial outlook
16.8.3 Product summary 
16.8.4 Recent developments

16.9 CISCO Systems Inc.
16.9.1 Company details 
16.9.2 Financial outlook
16.9.3 Product summary 
16.9.4 Recent developments

16.10 CropX Inc.
16.10.1 Company details 
16.10.2 Financial outlook
16.10.3 Product summary 
16.10.4 Recent developments

16.11 Deere & Company
16.11.1 Company details 
16.11.2 Financial outlook
16.11.3 Product summary 
16.11.4 Recent developments

16.12 DeLaval
16.12.1 Company details 
16.12.2 Financial outlook
16.12.3 Product summary 
16.12.4 Recent developments

16.13 Digital Globe
16.13.1 Company details 
16.13.2 Financial outlook
16.13.3 Product summary 
16.13.4 Recent developments

16.14 DJI
16.14.1 Company details 
16.14.2 Financial outlook
16.14.3 Product summary 
16.14.4 Recent developments

16.15 DTN
16.15.1 Company details 
16.15.2 Financial outlook
16.15.3 Product summary 
16.15.4 Recent developments

16.16 Epicor Software Corporation
16.16.1 Company details 
16.16.2 Financial outlook
16.16.3 Product summary 
16.16.4 Recent developments

16.17 Eurofins Scientific
16.17.1 Company details 
16.17.2 Financial outlook
16.17.3 Product summary 
16.17.4 Recent developments

16.18 Farmers Business Network
16.18.1 Company details 
16.18.2 Financial outlook
16.18.3 Product summary 
16.18.4 Recent developments

16.19 Farmers Edge Inc.
16.19.1 Company details 
16.19.2 Financial outlook
16.19.3 Product summary 
16.19.4 Recent developments

16.20 Gamaya
16.20.1 Company details 
16.20.2 Financial outlook
16.20.3 Product summary 
16.20.4 Recent developments

16.21 Hexagon AB
16.21.1 Company details 
16.21.2 Financial outlook
16.21.3 Product summary 
16.21.4 Recent developments

16.22 IBM Corporation
16.22.1 Company details 
16.22.2 Financial outlook
16.22.3 Product summary 
16.22.4 Recent developments

16.23 Monsanto Company
16.23.1 Company details 
16.23.2 Financial outlook
16.23.3 Product summary 
16.23.4 Recent developments

16.24 Precision Hawk
16.24.1 Company details 
16.24.2 Financial outlook
16.24.3 Product summary 
16.24.4 Recent developments

16.25 Raven Industries
16.25.1 Company details 
16.25.2 Financial outlook
16.25.3 Product summary 
16.25.4 Recent developments

16.26 Small Robot Company
16.26.1 Company details 
16.26.2 Financial outlook
16.26.3 Product summary 
16.26.4 Recent developments

16.27 Syngenta AG
16.27.1 Company details 
16.27.2 Financial outlook
16.27.3 Product summary 
16.27.4 Recent developments

16.28 Taranis
16.28.1 Company details 
16.28.2 Financial outlook
16.28.3 Product summary
16.28.4 Recent developments

16.29 Telus agriculture
16.29.1 Company details 
16.29.2 Financial outlook
16.29.3 Product summary
16.29.4 Recent developments

16.30 Trimble Inc.
16.30.1 Company details 
16.30.2 Financial outlook
16.30.3 Product summary
16.30.4 Recent developments

16.31 Vodafone Group Plc
16.31.1 Company details 
16.31.2 Financial outlook
16.31.3 Product summary
16.31.4 Recent developments

16.32 Zemdirbių Konsultacijos UAB
16.32.1 Company details 
16.32.2 Financial outlook
16.32.3 Product summary
16.32.4 Recent developments

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

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Frequently Asked Questions About This Report
The Digital Agriculture Market is projected to reach USD 49.92 billion by 2032, growing at a CAGR of 10.74% during the forecast period.
The Digital Agriculture Market grew in market size from 2021. The Market is expected to reach USD 49.92 billion by 2032, at a CAGR of 10.74% during the forecast period.
The Digital Agriculture Market CAGR of 10.74% during the forecast period.
You can get the sample pages by clicking the link - Click Here
The Digital Agriculture Market size is USD 49.92 billion from 2022 to 2032.
The Digital Agriculture Market segment is Covered By Component, By Type, By Technology, By Operation, By Deployment, By Company Type, By Designation, By Application, By Offering.
The North America and Europe region is anticipated to have the highest market share in the Digital Agriculture Market.
Technology advancements, such as reduced resource waste and increased output, as well as wise government policy, are expanding awareness of digital agriculture and supporting in its adoption.
The key players in the market include Companies Covered Accenture, Ag Gateway, AGCO Corporation, Agreena, Agri Webb, AKVA Group, BASF SE, Bayer Crop science AG, CISCO Systems Inc., CropX Inc., Deere & Company, DeLaval, Digital Globe, DJI, DTN, Epicor Software Corporation, Eurofins Scientific, Farmers Business Network, Farmers Edge Inc., Gamaya, Hexagon AB, IBM Corporation, Monsanto Company, Precision Hawk, Raven Industries, Small Robot Company, Syngenta AG, Taranis, Telus agriculture, Trimble Inc., Vodafone Group Plc, Zemdirbių Konsultacijos UAB.
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